On September 30, 2018, Trintex, Inc., purchased 5.5% bonds of Malloy Corporation at 96 as a long-term, held-to-maturity investment. The maturity value of the bonds will be $24,000 on September 30, 2023. The bonds pay interest on March 31 and September 30. Trintex's fiscal year end is December 31. 1. What method should Trintex use to account for its investment in the Malloy Corp. bonds? 2. Using the straight-line method of amortizing the discount on bonds, journalize all of Trintex's transactions on the bonds for 2018. 3. Show how Trintex would report everything related to the bond investment on its balance sheet at its year-end, December 31, 2018